In the first part of this paper we argue that three reforms must be implemented if privatization is to increase … small window of opportunity? Either they privatize hastily today, or not at all. Should they go ahead with privatization and … clear cut. Privatization without prior implementation of the three reforms mentioned above will simply replace government …

We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent …

This paper examines the roles played by organizations in maintaining the Bretton Woods System. Theory indicates that …

effects of privatizing social security, and a simple privatization proposal, the Personal Security System, to discuss other … issues associated with privatization. According to the AK Model, privatizing social security can create major long … compensated for losses from privatization. The precise size of the efficiency gain depends on the existing tax structure, linkage …

focus is to explore the ability of the market to provide broadcasting efficiently in a world in which broadcasters earn …

theory of law, our finding that the public courts do not automatically generate efficient rules is disappointing, since it … strongly influenced by economic considerations and explicable in economic terms, is evidence that economic theory has a major …